The Detroit Free Press reports:
Making his Michigan campaign debut at the home of the auto industry, Republican presidential candidate Rick Santorum said today he would not have supported the government bailout of General Motors and Chrysler.
Santorum said it was good news the two companies have rebounded. But, he said, government intervention, whether to save Wall Street banks or auto companies, is a mistake because it creates an environment in which companies operate with the expectation they won’t have to pay for bad decisions.
Santorum took a shot at rival Mitt Romney, who also opposed the auto bailouts but not, Santorum said, aid to big banks. “I was consistent,” said Santorum. “I think the government should not have bailed out either one.”